Friday, 5 August 2011

Mukesh Ambani who is one of the richest people in the world, had commissioned the construction of his private residential tower called the Antillia. This 27 storied tower which has each floor based on a different theme of décor, and has 6 floors just for the vehicle parking alone, has been valued as the world’s most expensive private home.

But following recent news, this mansion has come under the scanner of legal authorities in India, for several legal roadblocks that this property has run into, primarily financial.

The home that we look at has been built in one of the prime areas for real estate in the port of city of Mumbai, India. This tower has 6 floors for vehicle parking, a majority of which houses Mukesh Ambani’s fleet of luxury vehicles apart from the 600 member staff quarters and multiple floors for the members of Ambani’s family. Each floor has been designed on a different theme based décor with all modern luxuries included, along with capabilities to meet its own energy requirements which by no means are meager.

Facilities include a ball room, green room, rest rooms for staff, and indoor and outdoor bars to having a relaxing time in. All of these features along with land valuation have ensured that this tower happens to be the most expensive in the world, costing close to $2 billion in total worth, which perhaps is befitting the profile of the world’s 5th richest man. However, after investigations, it has emerged that there are several legal loopholes which have been bypassed for acquiring the land on which it stands.

According to the state chairman of the Wakf board N.D.Pathan,“Some trustees got permission from the charity commissioner and sold the house to Mr. Ambani. The Wakf Board tried to recover the land but Mr. Ambani went to court and obtained a stay from the Bombay High Court.”

Also the state minister for minority affairs, Mohammed Arif Naseem Khan has requested that the case for the same be handed to the Central Board of Investigation (CBI) for scrutiny as the case has snowballed into a major issue. In terms of aesthetics of the overall building, there have been contradictory assessments from noteworthy sources such as writer Shobha De who says, the Antilla is the Taj Mahal of the 21st century. On the other hand, the ‘book-stack’ exterior structure hasn’t gone too well with designers either, and the spending which has been opulent at the least, has been criticized because of a vast majority of the population of Mumbai, live under sub-standard conditions, not too far away from the other.